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Search Results 0 to 49 of about 260 (some duplicates have been removed)
, pro golfer, says that high taxes may drive him out of california. we've got discussisuggestions w should consider if he moves. and hillary clinton, her legacy as she prepares to leave washington at least for now. now. >> we will respond to the threat of climate change, knowing the failure to do so would betray our children and future generations. >> paul: welcome to the journal editorial report, i'm paul gigot. that was president obama in his inaugural address monday, promising to make global warming a top priority in a second term, it's an issue that is sure to bring some fierce policy showdowns, the first of which may come under the keystone xl pipeline since 2008. and a revised route through nebraska this week, the final hurdle to the project at the state level and 53 senators, including 9 democrats sent a letter to the white house on wednesday urging president obama to expedite its approval. and joining the panel this week, wall street journal assistant page editor, james freeman and senior economics writer steve moore and washington columnist kim strassel. kim, where did tha
frontal assault on republicans and your privacy. but next, all the tax many money democrats got from their fiscal cliff win is all lost. cliff win is all lost. how they officemax knows... cliff win is all lost. how they ...tax time can be...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. have given way to sleeping. tossing and turning where sleepless nights yield to restful sleep. and lunesta®(eszopiclone) can help you get there. like it has for so many people before. when taking lunesta, don't drive or operate machinery until you feel fully awake. walking, eating, driving, or engaging in other activities while asleep, without remembering it the next day, have been reported. lunesta should not be taken together with alcohol. abnormal behaviors may include aggressiveness, agitation, hallucinations, or confusion. in depressed patients, worsening of depression, including risk of suicide, may occur. alcohol may increase these risks. allergic reactions such as tongue or throat swel
they are launching a full frontal assault on republicans and your privacy. but next, all the tax many money democrats got from their fiscal cliff win is all lost. how they spent it in one boat. officemax knows... ...tax time can be...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. >> the agreement being worked on right now to further reduce the deficit by asking the wealthiest 2% of americans to pay higher taxes for the first time in two decades. liz: really, reduce the deficit? that did not take long. all of that new tax money drummed up by raising rates on the upper bracket is gone. congress spending it all in one boat. says this is proof positive tax hikes alone won't be what fixes our debt. >> that is absolutely right. members of congress, particularly democrats getting reelected and help putting america back on a path for fiscal sanity. they will not be fiscal sanity. liz: it was just so ugly, whole group of taxpayers and dr. norse attacked, basically now resting the president whipping fas
cuomo from erik. james says in connecticut there are two major problems, the deficit and more taxes. both problems are created by one party rule. what are the big issues in your state? join that conversation on facebook by looking for c-span. let us take a look at the balance of power in state. we can see here who controls the governors' seats. 30 republicans states in red, 19 democratic, and one independent in rhode island. but as your what ray has to say on our democrats line. caller: good morning. i wanted to say that i believe here in the state of texas -- our standard of living is what keeps is going. nobody can live on $7.25 hour. our standard of living is so below the economy it should be at $12 per hour. everything is so expensive right now. it should be, at the very least, $12 per hour. host: you are calling to raise the minimum wage? caller: yes, ma'am. if everybody makes at least $12 an hour, this country would boom so fast. here in the state of texas -- i think it is everywhere. the corruption of the governor and the mayor. big corporate donors, big business owners. they
. and there is money moving away from high tax states and moving to lower or no tax states. and travis wrote the book "how money walks", a pleasure to be here. stuart: we've got the fancy technology and the number one state where money is walking away. the number one state. right here in new york, we've seen a loss the last 15 years internal revenue service and u.s. census bureau combined. 58 billion out of the state. stuart: there's new york and 58 billion out. >> going to the other places. stuart: is california second? >> that's right you've got nearly 32 billion dollars migrated out. adjusted growth income out of california to the other states. stuart: hold on, talking adjusted gross income. california 31 billion dollars worth of income, that means middle class, wealthier people, they're the ones who moved out taking that money with them. income out. >> that's right, we're looking at 1040 tax returns, taxpayer mobility and not just talking professional golfers or presidents of state. we're talking about working families and all sizes of businesses and going all over the country. stuart: is there
's taxes. with taxes spiking the rich are fleeing for the borders. how much can the state take from the wealthy before there is nothing left? today's "money" power panel weighs in. >> didn't think new york apartments could get any smaller? oh how wrong you are. micro apartment are coming to the big apple. could the miniature spaces bring big profits to the developers and will they spread to more cities? one of the architects is here with the details. even when they say it's not, it's always about money. melissa: first let's look at the day's market headlines and today's market moment. the beat goes on for the bulls. strong earnings from the likes of ibm, and google helped give a boost to stocks. the dow and s&p 500 hit fresh five-year highs. the blue-chips rose 66 points. apple earnings are sliding after-hours. the company reported fiscal first-quarter earnings just a short time ago, beat expectations on the bottom line. came in a bit light on revenues. mcdonald's shares climbed. it beat expectations on the top and bottom line in the fourth quarter. also reported a solid rebound in
to the death. worse yet, storm relief wipes out a big chunk of the extra revenue from taxing the rich. that should bring in $80 billion cut was supposed to reduce the deficit, it will not. much of it goes right out the door all over again. we can all debate the wisdom and necessity of massive emergency spending for just charging it to the national credit card shows we are not really serious about controlling our death. 16.5 trillion now, 17 trillion by the falcons would have doubled in the eight years in office. lieve your financial advisor should focus on your long-term goals, not their short-term agenda. [ male announcer ] join the nearly 7 million investors who think like you do. face time and think time make a difference. at edward jones, is how we make sense of investing. stuart: good morning vardy and company viewers. it is do-or-die for research in motion. the blackberr blackberry people. very much on the line. here's what we know. the phone will be a touch screen and have a virtual keyboard. also will have a brand-new operating system. so far the device is getting good reviews
the bush tax cuts? >> yes. >> a lot of people railed against bush and also against obamacare that is how they got the majority in the 2010 election. >> it's the economy. liz: david and gains. david: cheryl casone, good to have you here. thank you so much. melissa: i am melissa francis and here's what is "money" tonight. it could be the next california. how close is the breaking point and can the taxman save it? the power panel breaks it down. plus, he's in what is going on in salt lake city lately? a group of doctors declared a health emergency warning premature birth and miscarriag miscarriages. the group's leader joins us with the diagnosis. and unusual hand drawn top nba recruits three high-stakes poker tournament. not sure they make great executives. the man behind the plan joins us exclusively to lay out his cards. even when they say this not, it is all about money. so tonight we start with a huge hit to illinois, the critic has been knocked down from an aide to an a- from credit rating agency. now tied with illinois the lowest rating in the country. is our country going down the dr
. the consumer is in a worse spot primarily because of tax hikes. supply side economics, right. so apple is a consumer company for the most part and i think that any consumer company will struggle. >> that's an important point. let's follow that point. is part of this apple drop weakness in consumer spending or expected weakness, or is it, in fact, the competition from samsung and the fact that the company is not executing. in other words is it a company story, an economics story, what is it? >> there's a lot of company specific stuff going on just comparables this quarter versus a year ago. that's part of it. it's a maturing company to a degree. it's going through its growth phase. now getting into the phase which hopefully will last a long time you focus on return on invested capital. that could be fine. the market has to adjust to that perception. i think the consumer point is a good one. is the consumer going retrench with higher taxes and we see the jobless claims out the last few weeks -- >> coming down. >> they are looking great. >> is it seasonal or real. we won't know that for a
skype. good morning.. is paying taxes the impetus behind the move? > >yes it certainly has created a tremendous amount of interest in states like new york, connecticut, and new jersey specifically continue to increase their business taxes. ceo's of hedge funds and private equity firms are calling palm beach county in record numbers. > > federal tax rates are the same in florida as they are in new york or anyplace else, but there is no state income tax in florida. are hedge fund owners actually revealing how much money they save by moving to your state? > > yes they are. we also have done an analysis. we have local accountants on board as part of our hedge fund committee team that have done comparisons and are tailoring comparisons based upon our taxes here in florida and the taxes that they are paying from their respective state. so, you look not only at the taxes---we don't pay a state personal income tax---but the cost of living here in palm beach county is significantly less compared to the northeast. > > what did you find out in the data? how much money? > > we're talking about
want we'll show you an f-16 fighter jet and exactly why your tax dollars should not be sending those deadly aircraft to the radical, anti-american, anti-semetic regime in egypt. we'll have that later in the show. in just a minute the latest details on the democrats gun grab and now they want pistols, shotguns, bullet limits on top of the ban. and those of you in the country those of you disappointed of the election results in november, it's time to get over it, stop whining, put your uniform back on, it's time to get back in the game. yeah, obama won a round here and got reelected, we can he not let the country we love go to hell in a hand basket in the meantime. if you don't get engaged right now he's going to win the battle when he wants to transform it into his utopian process. and he's going to bankrupt the country and your constitutional rights. the time for feeling down, sad, depressed, it's over. right now we live in the greatest country in the the world, the country needs you right now, so it's time to engage and i also have a message to elected republicans and conservatives
in tax credits and policies of the public utilities commission to favor alternative energy, independent power production. which is obvious today. when they promoted code- generation it was something very novel. 30 years ago. now you have a different name for a period in his third party power production using power in a driving way to recapture the most efficient way. innovation is important. i have to also, every time we heard the word innovation, i have to put a plug in for tradition. i have a very traditional education. i spent a lot of years in silence speaking latin up in the hills, living within the medieval framework. i do respect the past. we study it. if you are grounded in tradition, you feel quite confident in change and innovation. if you are insecure, you are very reluctant to embrace the unknown. i do think we need to in our education and politics, we have to have a new appreciation for our traditions and the patterns that describe our culture and our being as americans. having said all that, we have saved in california tens of billions in energy efficiency. when i first ad
is in this a lexus, the rich moving from high tax states to lower tax states like texas, arizona, tennessee, florida. joining us is ed butowksi, welcome back to the program. you are going to tell me about your clients, no names. clients of yours on the move, calif. out, some place else. you have got a gentleman moving from orange county to where? >> right into dallas. his number one reason was carries no reason to pay, the ceo of public companies that i'm done, moved to dallas, got an apartment and got much smaller but paying nothing in income-tax is because in the state of texas is a big zero. stuart: he has saved an enormous amount of money. >> a very wealthy man and really symbolic of what is happening throughout california. not just the rich. you hear people saying get me out, another client in san diego, not an extraordinarily wealthy person but has done well, retiring, said i am done, and move to idaho. stuart: anybody else in california moving? >> another thing. i manage professional athletes. when they negotiate their contracts one thing becomes of is they will go to california is taxes. how
where republicans and democrats seem to agree that something needs to be done on tax issues or fiscal issues, where there has been an impasse for many years now. host: in terms of the principle, how detailed is the outline? are we talking about a bill taking shape or just a sketch at this point? caller: it is more of a sketch, the first step in trying to get an actual bill going. basically these are legislative goals that include four areas, one is a package, one is overhauling the existing system, another is establishing a way to ensure that there is less illegal hiring of workers, and another is to create a guest worker program. but those goals, we do not know how that will be achieved or worked out over the next few months. things are supposed to get going here as soon as next month. senator schumer and the other senators believe that they could have something by late spring, early summer. host: looking at "the san antonio news," we have this headline -- "upset republicans." what are you hearing about republicans getting things through? caller: house republicans do not seem to be o
. when i came into office the governor and general assembly without my support passed a large income tax increase here in the january of twe ven. the sad thing we're now two years into the income tax increase and they raised money and not respond to the problem. i think this year, this spring session of the general assembly it will finally come home to reality. not only downgrades, moody's, fitch and standard have eight watches, warnings or downgrades since the income tax increase has gone into effect. what comes next the fiscal year fourth four, natural revenue growth from illinois coming from sales tax, gaming without tax increases is $600 million. but the reality of the amount of increased payments into the public pension systems is $945 million. i think they will have to deal with this $345 million spread. reality is --. melissa: dan, i applaud your optimism you think this will finally be the come to jesus moment where they realize there is huge problem but i don't know that is necessarily the case because we see california going down the same road. seems like politicians almost neve
lower. what you are seeing is a lot of investors wanting to take a profit before the capital gains taxes kicked in. you started seeing the stock sell off last september. as for today, they are choosing to get out and they are seating up. phones and tablets and the heat is coming heavier these days. >> it's about innovation here since steve jobs passed. tim cook took over and what does it say about tim cook's tenure as ceo? >> does he get the blame? sure. the buck stops with him. he's the same guy who oversaw the debut of the iphone 4s. he's the guy who stared the stock price. when kwook took over, the price doubled in the first year and his charge peaked in september. shares have tumble and there two camps and schools of thought. wall street and analysts say that they don't have the confidence that he can deliver, but this is an incredibly healthy company with $137 billion tucked away and the next four quarters show what this showed last night, maybe they will ree valuate. for now, cook should stay. >> we are just minutes away. president obama expected as we are looking live at the white
of other californians about to do it as well? is your sounds like it, new california state tax hikes sending some residents fleeing california. so where will they go? nevada tax accountant george ashley says he knows. nice to see you, george. >> hello, greta, thank you for having me. >> greta: what's the story? people who live on the border of nevada and california are making the quick move to nevada? >> well, that's the people living on the border, but people from all sorts of places in california who want to avoid the california tax, a lot of them are thinking about packing up and moving and a lot of them are doing it. >> greta: what would be the reason, folks from deeper into the state away from nevada, but if you live on the border of california, unless you're really wedded to your house, why not move the mile into nevada and save yourself 13.3%? >> absolutely. absolutely. >> when does it make sense? suppose i have a business in california and i'm thinking of selling my business, should i move to inform nenevada before it or stuck paying the taxes no matter what. >> depends on t
. now stores will be allowed to pass the extra cost on the you, like a tax. up to 4 percent of the total cost of whenever you're buying. with us now, consumer education president, smart credit dot com. the president of optimum capital management. great to have you both year. al start with you. what do you make of this? >> this is really bad news for consumers. we are already getting nickel-and-dimed to death, and we are about to get even worse. essentially, the fee that the market had -- merchant has to pay to exit the credit card, cone -- commonly called a slight fee, in the past they have not been able to charge a line-item extra cost to the consumer to cover that. starting this sunday will be allowed to. that is the bad news. they have already baked in that she in the price of the merchandise the you're buying. so now not only unable to charge a fee on top of what you're already purchasing, but essentially paying the fee to times over, and those of us to pay cash are really getting screwed because we're still paying the fee for people using credit cards. gerri: i want to show people s
. >> yes. let me count the ways. we have rebates not given on prepaid debit cards, tax refunds , unemployment benefits. if you listen to the industry, they want you to put your paycheck. have you done that yet? is just -- the way -- the ways are countless on how these are seeping away into almost every single facet. gerri: debit cards are, you know, supposed to take the place of a bank checking account. and that is not a good idea. why? >> it is not a good idea, and it is simple math. i have this discussion with my five year-old all the time. greater than zero? in the industry does not seem to get the simple math will always roll. having a well managed checking account with a bank or credit union costs you a grand sum total of $0 per month. very hard to do. gerri: you have to shop around because bank of america, big banks' charges $6 to made dollars. they charge you money every month. you have to go to a credit union will a local bank to get as good deals. >> that's right. 10,000 credit unions in this country, and i cannot find one that has a monthly fee on the check accounts.
with incentives to take risks and bring ideas from dream to reality. tax credit to help early-stage companies to develop andit's worked in other states, and it's something we can do this session. i will work with the legislature to make it more desirable for small and medium size businesses to hire more people in washington. we must also do a better job commercializing the technologies connecting the dots from the classroom to the laboratory to the marketplace. and no economic strategy would be complete without a transportation plan that facilitates this growth. this session i expect to work with stakeholders that have already committed to a bipartisan plan to build an infrastructure for the next generation. in the next ten years, our population will grow by approximately three quarters of a million people, but we will not be adding one more square inch of dirt. to honestly address our recognize that creativity is just as important as concrete. i want us to turn our innovative spirit towards crafting a transportation package that includes roads, trains, light rail, buses, bike routes and othe
taxes and says he wants to pay his fair share. how lame is that? what happened to golfers of america. later, good news and bad news for smokers. ♪ ♪ humans. even when we cross our t's and dot our i's, we still run into problems. namely, other humans. which is why at liberty mutual insurance, auto policies come with new car replacement and accident forgiveness if you qualify. see what else comes standard at libertymutual.com. liberty mutual insurance. responsibility. what's your policy? ♪ ♪ >> andrea: all right. earlier this week , progolfer phil mickelson said he thought tax rates were too high, federally and in his home state of california. a day later he apologized and then he apologized one more time yesterday, promising he wants to pay his fair share. >> my apology is for talking about it publicly. i shouldn't take advantage of a forum i have as a professional golfer to try to ignite change. i love this country. it affords me to do what i love. i never had a problem before. i never had a problem paying his fair share. >> andrea: imagine being his wife. sorry i left trash
, then that voting bloc isn't going to listen to you on education, on taxes, on any of this stuff. that's what's going on. >> so that's the issue. >> what do democrats get out of it? why are they pushing it? >> hispanics have been demanding something on this, and at some point -- >> but do they want the teeth, the tough requirements of worker verification? do they want the tough part of the bill? >> i think -- yes, because if you actually go to places like arizona and new mexico, and i have seen surveys of hispanic-americans, hispanic-american citizens who say second, third, fourth generation, saying i did it legally. these folks should have to do it legally. i think that there is a -- >> i just don't hear that from the latino groups. >> no, they -- >> i don't hear the interest groups pushing for real teeth. let's take a look at the president today. >> the interest groups aren't. i'm talking about rank and file hispanic-americans. >> that's positive. let's look at what he had to say. he came out for what he calls comprehensive immigration reform. it was at a speech in las vegas. he said the bi
with taxes. governor perry urged the state legislature to amend the state constitution to allow the states to give nearly $2 billion back to taxpayers. how sweet is that? he says if we're not using it, don't waste it. give it back. even if it doesn't pass, it says a lot about that business friendly state, if only washington was listening. i say we all move to texas. that's my two cents more. i'm thinking about it. i really am. coming up tomorrow, important confirmations to looming budget battles, a lot on the plate in the coming weeks. reaction from republican senator barrasso of wyoming. that's all for tonight's "willis report," dvr the show if you can't catch us live. have a great night and see you right back here tomorrow. ♪ lou: good evening, everybody. everyone has a bad day from time to time. this may be such a day for my voice. today, a bad day belonged to the president. the president spent $1.6 million of tax pay every money to fly to nevada and back. nine hours on air force 1 to deliver a 20-minute long speech that had been billed by the white house as a plan on illegal immigrat
and further away made their living standards are slashed and force us to repeat or taxes used to build governments on the other side of the continent. we're for starting duties at some demonstrations of athens, madrid and rome. restarting casein in berlin, helsinki and the hague and of course were saying this frustration with the e.u. vary dramatically here in the united kingdom. europe's leaders have a duty to hear these concerns. indeed we have a duty to act on them and not just to fix the problems in the euro zone, but if in any emergency should plan for the amount as well as dealing with the present crisis center in the midst of present challenges we should plan for the future and what the world will look like when difficulties in the euro zone have been overcome. the biggest danger to the european union comes not from those who advocate change, but those who denounce new thinking is heresy. in its long history, europe has experienced heretics that turned out to have point. my point is this. for the same will not secure long-term future for the euro zone. more of the sample not fit
a healthy state funded by 80%, but the plus side if they have an unlimited ability to raise taxes. it was really written in there. they can go ahead and tax away to solve the problem. has that worked for california? a limited ability to solve this pension problem. what do you think? >> in california we are very excited to not be the worst anymore. running around the state capital building we are 49. that is at least good news for us. raising taxes now that the marginal tax rate is topping up 13.3% for the richest californians there: accountants in droves finding ways to move their money and we are looking at unfunded pension liability maybe not as bad off, but $181 billion? melissa: i love you, jonathan, but he was so entertaining. going on to say they believe legislative consensus will be difficult to achieve given the poor track record of the past two years. in other words, may have the ability to tax until kingdom come but i don't think they will reform the pension, which they raised taxes in the past and they didn't spend the money to fix the problem. they just spend it. jona
, a trillion dollar tax hike took effect. the senate voted to prevent tax hikes and 90% of americans. and made the lower tax hikes permanent. president obama got less revenue than the speaker offered in the first place. in short, there is no way we were going to get a better deal for the american tax payer. we wanted to keep tax hikes low for everybody. we wanted to cut spending. otherwise every single taxpayer would have paid higher taxes and our economy would have gotten into a nosedive. the decision was simple. if you think a bill needs to pass, you vote for it. many of my colleagues voted the other way. i respect their decision. prudence demands mutual understanding, especially among friends. my colleagues and i saw the same thing. we wanted a smaller, smarter government. we simply differed on the means. that is the difficulty of governing. it should not be a cause for division. our tactics will differ from issue to issue, but our strategy remains the same. in the next four years, opportunity will not come easily. we have to pay our bills and make sure we can pay our bills tomorrow. to do
of trillions of dollars of tax payer money that floods into this city every year. >> while one out of every 6 americans worries about where their next meal is coming from, washington, d.c. has the highest rate of fine wine consumption in the united states. while one out of four americans has a mortgage that is under water, seven of the ten wealthiest counties in the united states are counties around this region. washington, d.c. now has the highest per capita income in the entire united states. they just passed silicone valley. >> you are going to discover that washington, d.c., a town that used to be a town of sleepy bureaucrats is now a town of moz ratty deal moz rot at this deal fine wine luxurious homes and luxurious shops. it's a washington, d.c. a lot of people never see when they take their tours or go to the museums. it's the washington, d.c. that respects the reality of our country today. >> the great american writer f scott fitzgerald once wrote that the rich are different from you and me. america's previous boom town became wealthy because they produced something. san francisco dur
and taxes even more, whether it is cap and trade, regulating our economy and raising the costs for every american, they are feeling emboldened right now. and if conservatives stand together, we can stop that, and stopping bad things that would harm this country, that would harm americans, is a major victory for the next two years. [applause] but the third thing we can do in the short term is we can use leverage points to plaque real progress on the fiscal and economic crisis threatening this country. the fundamental dynamic when you have divided government is that whichever side owns the default is in the stronger position. either party can stop anything. so whoever wins if nothing gets done, wins the negotiation, wins the battle. it's why on fiscal cliff we got such a lousy deal. because if nothing happened, the result was a massive tax increase on er american who pays taxes, and i think president obama was perfectly fine, he was serene to go off that cliff. why? because his substantive agenda, which he doesn't hide from, is to dramatically expand the size and power of government, and t
of any felony charges. they must pay any fines and any back taxes. there is a requirement to learn english and american civics over the course of the next several years. after passing these benchmarks, an undocumented immigrant will be granted legal working status. they will be issued green cards on the condition of the border being made secure. i'm a little confused on exactly how that works. we'll get to it in a moment. reform advocates hope the involvement of republican senator marco rubio will bring nervous conservatives along. in the house, speaker john boehner says he remains optimistic in legislation moving forward. republican congressman mario diaz ballard says he has been working with democrats in his chamber. >> we've seen that the speaker has said he wants to get it done. we've seen what the minority leader says that they want to get it done. here is the good news. a group of us have been ready for years. we've worked out most of the complicated details. you know the devil is in the detail. well, we've dealt with that devil. now it's an issue of just filing legislation a
tax illinois, he owes even more to the state. maybe he should do a mickelson and move. yes, the tax refugee story will not go away. news this morning, that france's richest man is leaving and taking his wealth with him. arno is doing a depardu. t the wall street journal calculates tiger woods saved 100 million dollars over the years he moved to no tax florida. back to that one-shot $75,000 winner he lives in illinois which has just been downgraded. even though the state income tax has gone through the roof and chicago is concerning lifting, shifting its retiree health costs on to you, the federal taxpayer. can you say obama bailout? yes, we can. "varney & company" is about to begin. houting ] ♪ [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ] ♪ it's so close to the options floor... [ indistinct shouting, bell dinging ] ...you'll bust your brain box. ♪ all onhinkorswim from td ameritrade. ♪ >> we have for a long time on the program and now the all-time high for the dow is in sight. clear sight. the record is 14,163.
Search Results 0 to 49 of about 260 (some duplicates have been removed)